US Imposes 73.33% Countervailing Duties on Algerian Steel Imports
What happened
The United States announced a 73.33% countervailing duty on steel wire rod imports from Algeria on September 18, 2026. The measure targets SPA Algerian Qatar Steel (AQS), which is the only Algerian producer under individual review. The same rate applies to all other Algerian exporters. The investigation into the duties began on May 1 after complaints were filed by five U.S. companies.
From english.pravda.ru
Why it matters
The duty rate was based on available facts using an adverse inference because the Algerian government and AQS management reportedly failed to cooperate, preventing on-site verification. This action was taken because Algeria is not a member of the WTO Agreement on Subsidies, and its accession process remains unfinished.
From english.pravda.ru
Who's involved
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- AQSSpeculative
AQS could face increased operational costs and restricted market access due to the new duties.